Accept Echeck Payments to Increase Sales
If you sell products or services online and wish to extend your reach to millions of consumers who do not have credit cards, do not have available credit or who simply prefer to pay by check, then you should most definitely consider accepting eChecks as a part of your payment options.
By accepting eChecks you are enabling your online customers to authorize funds to be withdrawn from their bank account by submitting the bank’s account routing and bank account numbers. It is a quick and very low risk way for the customer to pay. For you, as a business owner, accepting payments via eChecks could not be any easier or more secure.
In order to begin accepting eChecks, you only need to select a payment gateway service that offers the ability to accept echecks. The payment gateway that you select should use SSL encryption. Be sure to provide a secure form for your customers to use to enter their sensitive information. An EFT payment or electronic funds transfer should be easy for your customer to use and give him the feeling that your site is safe and protected.
Echecks are growing in popularity as more and more people are abandoning their old paper checkbooks and are doing more of their shopping online. An eCheck work in the same way as a paper check does but eChecks reduce the risk of fraud for both you and your customer.
As a business owner, accepting eChecks will save you a lot of time plus save you from many potential headaches. You will receive payments quickly and safely using the same secure Automated Clearing House or ACH processing that is commonly used for direct deposits and direct payments.
Echecks or instant checks as they are often called, are becoming vastly popular as they not only offer the same secure features as paper checks but they provide further security features due to their electronic nature. Echeck security features include digital signatures, authentication and encryption. Echecks also greatly reduce transition times as eCheck deposits are just as fast and easy as credit card deposits.
In today’s competitive online business community you should take every measure necessary to keep yourself one step ahead of the competition. By accepting eChecks on your website, you will undoubtedly get more customers due to the fact that many people are using this manner (and this manner alone in many cases) to pay for goods and services they purchase online.